How much profit was generated by the sales of gold

Posted By Admin @ November 26, 2022

Question:

How much profit was generated by the sales of gold label and black label combined?

Answer:

The profit genereted  by the sales of gold label and black label combined is the sum of the profits generated by the sales of gold label and of the profits generated by the sales of black label.

1. From the table

\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Gold label}&1,000&\$2.75\end{array}

you can find the profits generated by the sales of gold label:

1,000\cdot \$2.75=\$2,750.

2. From the table

\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Black label}&2,000&\$1.50\end{array}

you can find the profits generated by the sales of black label:

2,000\cdot \$1.50=\$3,000.

In total

\$2,750+\$3,000=\$5,750.

Answer: correct option 5

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